The Federal Reserve just released their Rate Decision with no surprise.
The FED is holding their Policy Rate between 4.25% to 4.50% on a 9-2 Vote – The Report has seen many "uncertainties" removed from the text compared to the past June Meeting.
Imminent reactions are those of some small mean-reversion in the US Dollar and US Indices after this morning's rallies in all these assets.
I will update this piece during the Q&A from Powell coming up at 2:30 P.M which you can live access right here.
You can also access the July Meeting statement on the Federal Reserve's website.
Update: The USD is currently going higher as markets are reducing odds of cuts in September yet again. The Dollar index is coming close to the 100.00 Level, check the 5m Charts below to spot the markets' reactions to the speech from Jerome Powell.
Some highlights from his ongoing speech
- “Still quite early days” to see tariff impacts on prices
- “Many uncertainties left to resolve […] feels like there's much more to come”
- “Tariffs starting to show up in consumer prices”
- “Don't see fiscal bill as particularly stimulative”
A few intraday charts to be updated
S&P 500
S&P 500 5m Chart, July 30 2025 – Source: TradingView
Dollar Index
Dollar Index 5m Chart, July 30 2025 – Source: TradingView
US 10Y Treasury Bond
US 10Y Treasury Bond 5m Chart, July 30 2025 – Source: TradingView
Gold 5m chart
Gold 5m Chart, July 30 2025 – Source: TradingView
You can access our latest Gold analysis to check up your levels amid the ongoing selloff.
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